David Davis Getty LONDON — A leaked memo detailing a meeting between Britain's chief Brexit negotiator and the City of London Corporation has given some incredible insight into how the UK is being represented in talks with the EU.

The memo gives insight into how Davis is approaching the EU negotiations and how worries over the biggest threats to the country from a "hard Brexit" are largely being pushed aside.

Here are some of the highlights:

Davis does not think US bank employees will relocate to Europe— The memo suggests that Davis does not believe what bank CEOs say, like JPMorgan boss Jamie Dimon, when they warn that tens of thousands of jobs may be relocated to somewhere else in Europe.

"[Davis] queried whether the employees of US banks warning of relocating in Europe would actually relocate, given the unattractiveness of Frankfurt and other cities in the EU, in comparison with London. As a result, jobs will go back to New York not Europe."

Davis is "not interested" in a transition deal to make the pain of breaking off from the EU less "sudden"— The memo has a section which describes how he does not accept the idea from the Bank of England governor Mark Carney for a transitional period to phase in any Brexit deal. A transitional deal could maintain the UK's single market status until at least 2021, if Article 50 is triggered next year as planned.

Speculating on the positioning of certain countries, he thought that Spain would not, ultimately, pose a problem in the negotiations, neither would Germany but believed France would be the most hostile and difficult to compromise with.

France poses a threat to Brexit negotiations— The City of London Corporation says in its Brexit meeting notes that Davis "believed France would be the most hostile and difficult to compromise with" while Spain and Germany "would not, ultimately, pose a problem in the negotiations, neither would Germany."

He "Opined that the EU Member States, such as France had 'no faith' in their economic models and ability to compete with an "Anglo-Saxon approach'," the memo added.

"Emphatic that UK will 'take back control of its borders' but in the national interest. Speculated that a bespoke solution of permits and points style system would be used to determine entry to the UK," said the memo.

Davis thinks that Britain will be able to do a CETA style deal— The memo says Davis is aware that it is unlikely that the UK will achieve access to the Single Market but "stated that if a trade deal such as the Canadian Comprehensive Economic and Trade Agreement (CETA) could be agreed, it would be unlikely to pose a significant problem as 'most advantages' would be gained."